Dow gain biggest in over 4 months

Wall Street closed sharply higher Friday and posted modest gains for the week as risk appetite returned after news reports that Russia ended military exercises on the Ukrainian border. The S&P closed 22.02 points, or 1.2%, to 1,931.59 and finished the week 0.3% higher. The Dow jumped 185.66 points, or 1.1%, to 16,553.93, its biggest one-day percentage gain in more than 4 months. The Nasdaq gained 36.08 points, or 0.8%, to 4,371.07 and recorded a 0.4% weekly gain.